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Senate Passes Amendments to Nation's Budget, Social Legislation

A plenary meeting of the Senate was held under the Chairmanship of Kassym-Jomart Tokayev.

Senators considered and adopted in two readings the Law On Changes and Additions to Some Legislative Acts On Social Welfare. The document envisages further enhancement of legislation in the field of social welfare and social support of the population by means of increased social payments by 12% starting on 1 April 2014, the state social entitlements by 25% starting on 1 July 2015, introducing the grant in connection to adoption of a child at the rate of the 75 monthly calculation index starting on 1 January 2015.

The senators passed the Law allowing the increase by 100 billion tenge of the previously adopted guaranteed transfer from the National Fund for the year 2014 due to the change of the currency's exchange rate. The total amount of the transfer will now constitute 1,480 billion tenge.

As the result of discussions, the senators passed the Law on Changes and Additions to the Republican Budget for 2014-2016. The document was elaborated due to the correction of the forecast for the socio-economic development and the change in the amount of the guaranteed transfer from the National Fund for 2014. The Law is also aimed at implementing the President's tasks given in the Address to the Nation on 17 January and during the extended meeting of the Government on 14 February 2014.

Minister of Labour and Social Protection Tamara Duissenova and Minister of Economy and Budgetary Planning Yerbolat Dossayev provided senators with the necessary clarifications on the considered document.

During the meeting, the Senate also ratified the Protocol on the Application of the Treaty on the Free Trade Zone of 18 October 2011 between its parties and the Republic of Uzbekistan. The document envisages a duty-free regime of mutual trade in imports without exemptions.

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